The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
The Government of India officially handed over India's flag carrier, Air India to Talace Private Limited, a subsidiary of Tata Group, almost 69 years after acquiring the conglomerate. The total value of the deal is Rs 18,000 crore